Bitcoin Briefly Surpasses $106K Before Pullback, Analyst Sees Stable Momentum
NewsBTCTuesday, May 20, 2025 at 6:00:58 AM
** Bitcoin made a quick sprint past $106,000 early Monday but hit a snag and dipped slightly to around $104,150. Even with the small drop, it’s still riding high after weeks of gains and staying close to its peak levels. Analysts aren’t sweating the pullback, calling the overall momentum stable.
What This Means: ** Bitcoin’s latest jump—and the fact it’s holding strong near record highs—shows investors are still betting big on crypto, even with the usual ups and downs. For anyone watching the market, this isn’t just a flash in the pan; it’s a sign that Bitcoin’s rally might have staying power.
— Curated via WP Now’s AI editorial system
